Today's Practice: Changing the Business of Medicine | Page 26

P RA CT I CE MA NA GE ME NT High Cost of Turnover Keith A. Herl, MHA, MBA | Matthew Mingenback Turnover can cause a chain reaction profoundly affecting care through: Decreased patient satisfaction Decreased patient access and increased patient wait times Decreased patient throughput Increased infection rates and hospitalizations for infection Increased length of stay Increased complication rates Increased mortality Increased malpractice claims Conversely, organizations with lower rates of turnover were found to have providers who are more engaged and satisfied with their jobs. Physician job satisfaction has been strongly correlated to increased patient satisfaction and a more positive perception of patient care. Patients of satisfied physicians are also more likely to remain in managed care plans and adhere to medication, exercise and diet regimens4. Diminishing Access When providers leave practices, they often create a care gap that takes anywhere from three to six months to fill, if the role is filled at all. Once hired, physicians take approximately 11 months to “settle in.” NPs and PAs take up to 24 months to fully ramp up. So when a provider leaves, it could be a year-and-a-half to two years before the new provider 1 is at full productivity . In some cases, a physician leaving means access dries up altogether, and not just in rural areas. For instance, if a community hospital loses their orthopedic group, it may be years before the hospital can rebuild its orthopedic program, if at all. The elderly are most affected by turnover as they 25 tend to suffer from more complex health issues that rely on continuity of care, have more difficulty finding transportation to their physician’s office and fewer providers are accepting Medicare every day. How Can My Organization Promote Proactive Retention? Despite the huge, undisputable costs, most healthcare organizations don’t measure the impact of turnover or have a proactive program in place to retain their best providers. A 2015 study found that only 24 percent of organizations attempted to quantify the real cost of provider turnover, and only 27 percent have a formal retention or onboarding plan in place1. Considering all the implications, this problem deserves more attention. Digging Deeper to Find the Cause Identifying the true reason providers are leaving can be particularly challenging as the exit process is filled with emotion and biases that can affect perceptions of the situation. The most common reasons why providers leave their practice environment are: Job dissatisfaction: Employee engagement and satisfaction, or lack thereof, is a top predictor of turnover1. Cultural fit: If the provider’s personal and professional priorities and personality don’t mesh with the organization, the provider is likely to leave or be let go. Burnout: Burnout now has its own CPT Code (Z73.0). Forty-five percent of physicians reported burnout in 2014 and most family medicine (68 TODAY ’ S P R A C T I C E: C H A N G I N G T H E B U S I NES S OF M EDI C I NE